GPR 0.00% 2.0¢ geopacific resources ltd

Ann: Financial Close of Project Financing, page-11

  1. 2,337 Posts.
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    Digger .... its the last day of June tax selling .... those accumulating at these prices are probably convinced as I am, that these are bargain basement prices for a company thats been largely derisked and hence the risk in the SP should soon dissipate .... if the SP doest pick up by the end of 2021 then there may be "something rotten in Denmark". Most quality gold miners have SP nadirs at present, but many of these are very cashed up and must be running the ruler over these undervalued companies that have fully funded high grade long life projects ..... IMHO. The gold price is firming, and if the IOUSA$ gold price properly reflects the substantial real inflation, then the POG will resume its upward trajectory and the miners SP will follow ... the commodity always leads going up or down.
 
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